IMF says Eurzone weak

(AGI) Washington, July 14 - The eurozone recovery is weak, itsfinancial markets too fragmented, and the region risks fallinginto deflation, the International Monetary Fund has warned.Speaking during a conference call following the publication ofthe IMF report, deputy director of the IMF's EuropeanDepartment Mahmood Pradham said, "There is still a great dealto be done to strengthen this revival. Inflation has been lowfor a long time, significantly below ECB targets for pricestability and this is a symptom of low demand." . .

(AGI) Washington, July 14 - The eurozone recovery is weak, itsfinancial markets too fragmented, and the region risks fallinginto deflation, the International Monetary Fund has warned.Speaking during a conference call following the publication ofthe IMF report, deputy director of the IMF's EuropeanDepartment Mahmood Pradham said, "There is still a great dealto be done to strengthen this revival. Inflation has been lowfor a long time, significantly below ECB targets for pricestability and this is a symptom of low demand." . .